International Financial Reporting Standard (IFRS) 9 presents a unique opportunity for an alignment between risk and accounting functions, which if grasped could usher in great economies of scale, streamlined reporting and a keener understanding of accounting, regulatory and capital impacts across business silos.

This white paper explores how IFRS 9 can unite risk and accounting. It further examines how ensuring effective communication and collaboration will be key to achieving this and for getting the best from the new standard.